Calling investors, renovators and income-property buyers!
An exceptional opportunity to acquire a property with six existing flat-style accommodation units situated on a large 162m² erf in Delft South, offering the potential to create a multi-unit rental income property.
The property currently comprises:
Downstairs:
2 bachelor-style units, each offering a bedroomliving area, kitchenette and bathroom with shower and toilet.
A third downstairs unit requiring further work, including ceiling, tiling and windows.
Upstairs:
3 additional flat-style units requiring completion, including flooring, tiling, doors and windows.
The property also offers a large yard, providing additional space and potential for future improvements, subject to the relevant municipal approvals and building regulations.
Investment potential
Once the unfinished units have been completed and appropriately approved, the property has the potential to provide multiple rental streams from a single erf.
This is an ideal opportunity for an investor looking for a renovation project with multiple-income potential, rather than a conventional single-family home.
Property highlights:
162m² erf
Six existing flat-style units
Multiple bathrooms
Multiple kitchenkitchenette areas
Large yard
Two units currently in a more usable condition
Four units requiring varying levels of completion
Multi-income investment potential
Ideal renovationdevelopment opportunity
Delft South location
Contact Rachel for viewing